Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Residential & Mixed Use
Developers, officials hail completion of key redevelopment project in Red Bank

A joint venture has unveiled a boutique apartment building in downtown Red Bank, bringing new life to a long-vacant site and paving the way for additional redevelopment in the borough.

Office
Mack-Cali will evaluate business plan, explore possible sale with new committee

Mack-Cali Realty Corp. will form a committee of independent directors to review the company’s efforts to reposition its portfolio, while exploring a potential sale of the business or any of its properties in the wake of an ongoing proxy fight with activist investors.

Office
Denholtz announces rebrand, relocation to new headquarters in Red Bank

The development and investment firm long known as Denholtz Associates has unveiled a new name and a new corporate headquarters to go along with what it says is a refocused strategy.

Residential & Mixed Use
SJP hits 60 percent leasing milestone at second Fort Lee rental tower

SJP Properties is touting a leasing milestone at the second of two 47-story residential towers in Fort Lee, part of a high-profile redevelopment at the foot of the George Washington Bridge.

Residential & Mixed Use
Jersey City apartment buildings trade for $5.3 million, Marcus says

Two Jersey City apartment buildings with a combined 14 units have changed hands for more than $5.3 million, under a pair of transactions arranged by Marcus & Millichap.

Office
Atkins, Woodmont hail lease-up of medical office building in Gloucester Co.

A new 40,000-square-foot medical office building in Gloucester County is fully leased, marking the latest milestone for a joint venture’s mixed-use redevelopment project.

Editor’s Note
Good vibes

As you’ll read in this month’s cover story, local leaders in Red Bank are increasingly open to the idea of redevelopment and smart growth in their community. The 2.2-square-mile borough has long held the cachet of towns such as Montclair and Morristown, but new mixed-use projects have been few and far between.

Residential & Mixed Use
March Associates completes assisted living complex in Monmouth County (SLIDESHOW)

A developer has opened the doors to a senior housing and assisted living complex in Monmouth County, under a newly delivered project by March Associates Construction Inc.

Professional Services
Energy management software firm launches procurement platform

A software developer that helps landlords manage their energy costs has unveiled a new tool aimed at streamlining procurement, seeking to find additional savings for building owners.

Residential & Mixed Use
Petrucci, TD+Partners kick off second phase of $40 million Plainfield project

A joint venture has broken ground on 90 new apartments in Plainfield, marking the second phase of a mixed-use project to redevelop a site that sat vacant for some three decades.